1 August 2016

APPOINTMENT OF NON EXECUTIVE DIRECTOR

The Board is pleased to announce the appointment of Mr Harry Warries, a mining engineer with more than 25 years of experience in the mining industry, as a Non- Executive Director of the Company with immediate effect.

Mr Warries is a Fellow of the AusIMM and prior to setting up his own mining consultancy business, Mining Focus Consultants Pty Ltd, in 2015, Harry was the Mining Manager at Coffey Mining, Perth, Western Australia.

During his career, Harry has worked on a wide range of projects, including a number of major feasibility studies, such as Roy Hill Iron Ore Project in Western Australia, the Central Eyre Iron Project in South Australia, the Etango Uranium Project in Namibia, the Mako Gold Project in Senegal as well as a wide range of other projects in Africa, Asia and Australia.

Harry has provided mining engineering services relative to copper, nickel, cobalt, gold, lead, zinc and graphite projects, as well as conducting numerous due diligence studies and technical audits. He has also been lead author of numerous Technical Reports requiring compliance with the Canadian NI43 - 101 reporting requirements.

Jan Forrester Company Secretary

ACN: 009 067 476

8/800 Albany Hwy East Victoria Park Western Australia 6101

Tel: (61 8) 9355 0123

Fax: (61 8) 9355 1484

[email protected] www.mountburgess.com